this yen is still sitting on the support area, i think this support will be broke soon
the fibo ratio for retracement on d1 is already broke so there is no way this pair will go up
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this yen is still sitting on the support area, i think this support will be broke soon
the fibo ratio for retracement on d1 is already broke so there is no way this pair will go up
Usd/jpy
Ichimoku trends giving buying signals because ichimoku made a buy candle in clouds which giving buying trends.
THE RSI movement of this pair is moving with high frequency on buy signal.
StdDew & Mcad are main factors which also giving the buYing signals.
Bulls power higly buying side movements.
Parablic sar on top showa buy trends.
this pair has being bearish trends last some hours which can be seen.
today moving movement of this pair today on: buy
highest resistance of this pair today will be going :111.85
i think best time to enter buy trade at 111.85 with tp at 109.80 with narrow stop loss of 112.00 with long terms up trends.
USD JPY Analysis | Yen Analysis | Dollar Yen Forex Forecast - Economies.com
Economies.com provides the latest technical analysis of the USD/JPY (Dollar Japanese Yen). You may find the analysis on a daily basis with forecasts for the global daily trend. ... The USDJPY pair resumes its positive trading to test 110.00 barrier, reinforcing the expectations of ...
Sir my thinking is that the USD JPY will be make the bearish trend because the my moving average and some indicator are show me that the it next trend is sell and my trade is opened in the bearish mode and then it w,ll keep it selling and i am get more profit on it.My consult to everyone that the open your trade on it in the selling and open your trades on gold in the buying mode because the both pair,s are moves opposite.
the pairs failed to break below 79.69 support and rebounded from 80.00, suggesting that sideways movement is underway, range trading between 79.58 and 82.22 is expected to go on in the near futur.
Sir my thinking is that the USD JPY will be make the bearish trend because the my moving average and some indicator are show me that the it next trend is sell and my trade is opened in the bearish mode and then it w,ll keep it selling and i am get more profit on it.My consult to everyone that the open your trade on it in the selling and open your trades on gold in the buying mode because the both pair,s are moves opposite.111.50/110.50
Range trading strategy, which is also called channel trading, is generally associated with the lack of market direction and it is used during the absence of a trend. Range trading identifies currency price movement in channels and the first task of this strategy is to find the range. This process can be carried out by connecting a series of highs and lows with a horizontal trendline. In other words, the trader should find the major support and resistance levels with the area in between known as “trading range”.
Range trading actually works in a market with just enough volatility due to which the price goes on wiggling in the channel without breaking out of the range. In the case the level of support and resistance breaks you should exit range-based positions. The most efficient way of managing this type of risk is the use of stop and limit orders as most traders do. They place stop limit orders when the currency price keeps dropping below the entry point and set the limit order to make profit when the security moves to the top of the range. In other words, while selling a range you should set limit orders down near the support level to take profit and while buying, you should place take profit orders at the previously defined resistance level
I think all time low record is around 76, not around 78.88. Anyways i was think it gonna go up when it was around 80 and now it touch 80.35, i think we can see around 80.70 in coming days.
Today i am going to discuss this pair in my own justification and analysis. I think this pair i the most. Faverable pair in the forex market .
Thats reason why i using this pair for my profitable trade
Technical analysis on basis of these indicators
Parabolic sar
Fivo piv
Moving everages
And also RSI
So best of luck for the comferm trade .
Today i am going to discuss this pair in my own justification and analysis. I think this pair i the most. Faverable pair in the forex market .
Thats reason why i using this pair for my profitable trade
Technical analysis on basis of these indicators
Parabolic sar
Fivo piv
Moving everages
And also RSI
So best of luck for the comferm trade .